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Deutsche Bank is preparing a liquidation lawsuit in Hong Kong against Chinese developer Shimao Group, two sources said, in a rare move by a foreign firm that comes amid rising credit defaults and China's deepening property sector crisis.
As Xi Jinping’s regulators tighten their grip on quantitative trading, they are inadvertently giving global investors another reason to make ill-timed comparisons to 2007.
A top trade official at the Department of Homeland Security said in Capitol Hill testimony on Thursday that the Biden administration is concerned about the extent of Chinese manufacturing presence in critical U.S. port operations.
SHANGHAI -- China on Tuesday passed a legal change that broadens the scope for classifying "secrets," as the government moves to shore up national security.
The developer of China’s first home-grown narrowbody passenger jet – seen as a potential competitor to the Airbus A320 and Boeing 737 – said on Tuesday it planned to conduct test flights in Southeast Asia in the next two weeks, with an eye toward sales in the region.
SHANGHAI -- China's biggest commercial banks are prepared to extend over 130 billion yuan ($18 billion) of financing for real estate projects, new disclosures show, in response to the government's latest call to support the ailing property sector.
SHANGHAI -- Zong Qinghou, the founder and chairman of major Chinese beverage maker Hangzhou Wahaha Group, has died from an illness at age 79, the company has announced.
SHANGHAI (AP) — Two prominent Chinese bloggers in exile said that police were investigating their millions of followers on international social media platforms, in an escalation of Beijing’s attempts to clamp down on critical speech even outside of the country’s borders.